Damn

130 point reversal in 10 minutes.... Wholly Shit!!! Betting on some shitty jobs numbers?

Apparently there is a rumor MBIA may cut the rating... This is getting as old as the overnight rate cut rumor......

LOL it's an S&P Equity downgrade... I'm starting to think S&P is short MBIA......as a hedge, against getting sued. they Reiterated it....... Talk about manipulation.


Eh!!!! I've got a little man love for charlie Gasparino, nothing I want to see more than S&P gone after. Fuckheads, and I quote SEC fool.
"the SEC has no regulatory authority over MBS"

wait a minute Securities and exchange commission, mortgage backed securities....?? no authority huh??.... doesn't understand how it works... Sounds like lazy government fat heads to me....